Tendering for contracts
If your business provides goods or services to other businesses, local government or other public sector organisations you are likely to be asked to tender for upcoming contract opportunities on some occasions. This simply means that you are competing for opportunities with other businesses able to fulfil the contract requirements.
Larger companies or public sector bodies will usually issue an invitation to tender for upcoming contract opportunities which specifies the services they require from potential providers.
Depending on the size of the job you are competing for, the documents you will be expected to supply can range from a basic letter with quotes and a description of your products and services to a very detailed outline of how you can fulfil the brief given in the tender invite. Public sector work in particular is often subject to very specific and more formal tendering processes.
Business Link Northwest is your free to use, independent business support and information service, why not speak to one of our business advisers to find out what we can do for you? Call us now on 0845 00 66 888 or use our contact us form.